Harley clothiers stock currently sells for 19.00 per share., Ask an Expert

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problem: Harley Clothiers' stock currently sells for $19.00 per share. It just paid a dividend of $3.25 per share [i.e., D0 = 3.25]. The dividend is expected to grow at a constant rate of 10 percent a year.

[A] find out the required rate of return? Give your answers to the nearest hundredth.

[B] find out the stock price expected 1 year from now? Give your answer to the nearest hundredth.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M918732

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